Company offers $1M every year for life for perfect Sweet 16

Berkshire Hathaway employee Chad Dutcher fills out his bracket in his office in Gaylord, Mi.

OTSEGO COUNTY, Mich WPBN/WGTU -- Berkshire Hathaway Chairman and CEO Warren Buffett has made headlines with his March Madness bracket promises. This time, he’s promised that if one of his employees can correctly predict the entire Sweet 16, he will give them $1 million every year for the rest of their lives. As you can imagine, employees at Berkshire Hathaway Home Services in Gaylord are going all out.

“We are gung-ho about filling out the brackets," said Data Administrator Tonnie Rose.

Brandon Contreras is a real estate agent at Berkshire Hathaway, and this will be his first time ever filling out a bracket.

“A million dollars got me to do it,” said Contreras.

Former high school basketball coach now Realtor Associate Chad Dutcher may have a good basketball I.Q., but says come tournament time, anything can happen.

“We’ve got people in here with some sports knowledge, and others pretty limpid," Dutcher said. "I don’t think anyone has an edge really.”

“I have goofy reasons for picking teams,” said Associate Broker Nancy Jacobs, who despite not be a former coach like Dutcher, has still won bracket pools in the past. “I’ve done it just out of fun, with some friends, and I actually did better.”

Real Estate Lesile Burroghs enlisted some help to complete her bracket.

“We were like getting all the young kids to help us because I have no idea”

But whether they picked a one seed or had to pick against their favorite team, these employees aren’t losing hope.

“I don’t think anyone's really figuring they’re gonna win it," said Dutcher. "But, who knows, may well happen.”

The offer is open to any employee in any company owned by Berkshire Hathaway which includes places like Geico, Fruit of the Loom and Dairy Queen. If more than one employee has a perfect Sweet 16 bracket they will all split the money, and the employee who goes the furthest will win $100,000.

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